CenterPoint Energy, Inc. stock research
FY2024 Q4
CenterPoint Energy (CNP) Gross Margin — Quarter Ended Dec 31, 2024
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue remained minimal and stable. Gross margin was essentially unchanged, staying near the maximum level in all periods.
Gross margin takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue and gross profit both increased compared to the prior quarter and the same quarter last year, while cost of revenue remained minimal and stable. Gross margin was essentially unchanged, staying near the maximum level in all periods.
- Revenue growth was the primary factor supporting gross profit, as cost of revenue was negligible in all periods. The gross margin remained at a very high level throughout the comparisons.
- Compared with the immediately preceding quarter, revenue and gross profit were higher, while gross margin improved slightly. Versus the same quarter one year earlier, revenue and gross profit were higher, and gross margin was nearly identical.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
100.0%
Gross profit
$2.2B
Revenue
$2.2B
Cost of revenue
$1.0M
Quarter-over-quarter change
+0.0 pts
Year-over-year change
+0.0 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Mar 31, 2024 | $2.6B | $2.6B | $1.0M | 100.0% |
| Jun 30, 2024 | $1.9B | $1.9B | $0 | 100.0% |
| Sep 30, 2024 | $1.8B | $1.8B | $1.0M | 99.9% |
| Dec 31, 2024 | $2.2B | $2.2B | $1.0M | 100.0% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Sep 30, 2024
+0.0 pts
Year-over-year change
Dec 31, 2023
+0.0 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Revenue growth was the primary factor supporting gross profit, as cost of revenue was negligible in all periods. The gross margin remained at a very high level throughout the comparisons.
Compared with the immediately preceding quarter, revenue and gross profit were higher, while gross margin improved slightly. Versus the same quarter one year earlier, revenue and gross profit were higher, and gross margin was nearly identical.
Monitor cost of revenue for any material increase that could affect the current near-maximum gross margin.